Abstract Pritchett (J Econ Growth 5: 361–384, 2000) convincingly argued that the difference
between investment cost and capital value is of first-order empirical importance especially …

Existen pocos sistemas de información centralizados sobre la evolución y composición del
gasto en inversión pública en la región de América Latina, lo cual resulta clave para el …

We study patterns of public investment behavior during fiscal consolidations in seventy-five
advanced and emerging economies during 1990–2018 and find that results differ …

This paper looks at the empirical record whether big infrastructure and public capital drives
have succeeded in accelerating economic growth in low-income countries. It looks at big …

Natural resource revenues provide a valuable source to finance public investment in
develo** countries, which frequently face borrowing constraints and tax mobilization …

In this article we analyze the efficiency of total transport investment in a sample of 34
countries over the period 1996 to 2010. We do so by way of Data Envelopment Analysis that …

This paper examines the relationship between infrastructure investment activity, capital
market development, the role of public institutions and economic development in the Asia …

A recent trend in several low-income develo** countries has been a rapid scaling-up of
public investment. It is argued that in the presence of limited absorptive capacity countries …

Page 1 IMF STAFF DISCUSSION NOTE May 16, 2012 SDN/12/04 Fiscal Frameworks for
Resource Rich Develo** Countries Thomas Baunsgaard, Mauricio Villafuerte, Marcos …

Despite the voluminous literature on fiscal policy, very few papers focus on low-income
countries (LICs). This paper develops a New Keynesian small open economy model to …